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Gold Resource ( (GORO) ) has shared an update.
Gold Resource Corporation has announced a registered direct offering for the sale of up to 15,625,000 shares of its common stock at $0.16 per share, aiming to raise approximately $2.5 million. The closing of the offering is expected to occur within 10 days, contingent on customary closing conditions, and the proceeds will be used for working capital and general corporate purposes.
More about Gold Resource
Gold Resource Corporation is a gold and silver producer, developer, and explorer with operations centered on the Don David Gold Mine in Oaxaca, Mexico. The company focuses on leveraging its existing infrastructure and land position around the mine, and developing the Back Forty Project in Michigan, USA.
YTD Price Performance: 2.27%
Average Trading Volume: 2,140,592
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.81M
For a thorough assessment of GORO stock, go to TipRanks’ Stock Analysis page.
